Properties / 9607 N 15TH Place
VA ASSUMABLERate: 3.09%

9607 N 15TH Place

$399,000
Phoenix, AZ 85020
3 beds2 baths1,250 sqftSingle Family
The assumable advantage
3.09%
VA assumed rate
$35,697 interest already paid off
Estimated Loan Balance$206,949
Cash to close$192,051
Est. Monthly PITI$1,274
Initial Loan Amount$232,908
Time on site13 days
Remaining Term24 years, 10 months
Seller's equity (what you pay)
$192,051
Cash or secondary financing
Monthly savings
$1,357
Versus today's market rate
Est. savings per year
$16K
Versus today's market rate

About this home

Beautifully refreshed single-level ranch tucked at the end of a quiet cul-de-sac in Sunnyslope, offering mountain views and a move-in-ready interior. Low-maintenance tile runs throughout, paired with fresh paint and dual-pane windows that fill the open living space with natural light. The updated kitchen shines with warm wood cabinetry, stainless appliances, and a butcher-block island. Three spacious bedrooms and two updated baths with walk-in showers suit family, guests, or a home office, plus an eat-in dining nook and interior laundry. Out back, a grassy lawn, mature shade trees, and full block-wall privacy invite you to entertain, garden, and unwind. Covered carport parking, no HOA. Minutes to North Mountain Preserve, Sunnyslope Park, trails, Downtown Phoenix, and Piestewa Peak.

How assumption works for this home

Can I assume this VA loan?

Yes, as long as you meet the lender's credit (620+) and DTI requirements. You do NOT need to be a veteran to assume a VA loan — this is a common misconception.

How much cash do I actually need?

You need to cover the seller's equity of $192,051. If you don't have that in cash, we can help structure secondary financing to cover the gap.

Can investors assume this one?

Yes — VA assumptions can be used for investment properties. You can rent this home out.

How long does this take?

Typically 45 days. The lender underwriting is 2–3 weeks, and the rest is standard closing.

Property details

Bedrooms3
Bathrooms2
Square feet1,250
Property typeSingle Family
MLS #7073134
CountyMaricopa County
Assumable loanVA
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Investor?
This VA loan can be assumed and rented. Talk to Jeff about the ROI math.
Jeff Salazar
Active now · (602) 332-3860
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Payment & cash calculator

Cash covers the gap between the price and the existing loan balance. Changing this amount does not change the existing mortgage payment.

Est. mortgage payment (P&I)
$996/mo
Source est. payment (PITI)
$1,274/mo

P&I is principal and interest. PITI also includes estimated taxes and insurance. HOA fees and payments on any additional financing are separate.

Estimated equity gap$192,051

Asking price minus remaining loan balance. Closing costs are additional.

$0$192,051
Additional funds needed$0

The equity gap is covered. Closing costs and assumption fees still need to be confirmed.